FAQ

Live Account

Any official piece of identification with photo and signature, such as a Passport , Identification Card or Driver License, is acceptable. Any personal information, Photo, Signature, Issue Date, and Expiry Date, Serial Number, must be clearly legible.

You need to fill out your personal information, as required by the regulatory authority, on application form and upload your ID (with your Photo) and Bill copy on Land-FX Home Page (http://land-fx.com/live_account).

You can start a live trading upon deposit of funds after opening a live account and trading may be available within an hour. Different deposit methods may take more/less time for a live trading. Please refer to the Deposit Time in http://land-fx.com/deposit to see how long it will take for live trading.

Residential Proof may include a Bill of Power, Water or Local Tax Bill, recent Bank Statements, Credit Card, or an Extract Copy of Residence (issued by official Residence Center). You can choose any of the above documents.

Deposit and Withdrawal

Land-FX handles all transactions in the same day the requests are received, however transaction time also depends on withdrawal method you choose.
Below is the list of withdrawal methods and the time; - Bank Wire: within 2 Business days - VISA / MASTER Card: before settlement date, transaction will be credited within 20 business days. If it's after the settlement date, you need to request the withdrawal using another method such as bank wire. - Neteller: within an hour

You can visit following link and select proper withdrawal method. http://land-fx.com/withdrawal then fill out the application for withdrawal. Our on-line request forms make it easy and convenient for any types of withdrawal.

IB Agreement is the agreement between Land-FX and Introducing Broker. It covers the various business topics including partnership. IB needs to sign the signature page and send scanned copies to Land-FX.

The documents are required by the Regulatory Authorities to protect the interest of our clients.
In case where ID and Residential Proof are insufficient or do not meet the requirements, additional documents can be required for qualifications.

Land-FX has employees who can translate the documents in various languages. The documents do not need to be strictly written in English as long as they satisfy the requirements including issue date and terms.

No. You should submit the document with your current residential address on it; the Residential Address on the document should be same as the residential address specified on the Application and Customer Agreement with LAND-FX.

For your Corporate accounts, you have to submit Corporate Certificate and the proof of Business address. You can use a Corporate Certificate and proof of Business address billed to within latest 3 months.

Trailing stops automatically adjust to the current market price, providing the investor with greater flexibility to profit, or limit a loss. For example, if we set our trailing stop initially at -10 pips and then the trade moves in our favor 1 pip. Our stop would move 1 pip from -10 pips to -9 pips.

Balance is the account balance calculated with all closed positions. It does not include the floating loss or profit. Equity is the floating balance including the current floating loss or profit. Equity changes in response to the market price of the open positions.

Yes, it's available at Land-FX. Hedging is when you open the opposite positions with the same lots. In such case, there will be no margin used. But you need to be careful as there may be unexpected losses due to decrease In Equity resulting from floating spread.

When the ratio of Margin to Equity comes below the Margin Call Level, there will be warning red sign on the Trading terminal. When the ratio of Margin to Equity comes below the Stop Out Level, there will be compulsory closures of open position, starting from the position with biggest losses, just like stop loss execution.

Margin is a deposit (as a collateral) made to open a position, selling or buying, and maintain the opened position. Margin is not a fee or transaction cost: it is a part of account balance. However, you need to be using your margin carefully as it may increase profit potential just as much as it may cause risk of loss.

In general, the pending order is not cancelled unless the trader cancels the order. Only when a stop-out and the pending order is to be used over and above the free margin ratio, however, the order may be cancelled.

High Risk Warning : Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

Advisory Warning : Land-FX provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and Land-FX specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Land-FX expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. Land-FX does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea and listed / relevant parties of Consolidated United Nations Security Council Sanctions Lists.